Become A Landlord

As a professional landlord you have lots of experience and you are very knowledgeable about changing legislation, your legal responsibilities and you have lots of professional help around you to manage your portfolio of properties. We also understand you are concerned about late payments, dilapidations and inexperienced tenants.

We have developed a service which supports you, managing the following areas:

Securing a quality tenant

Providing compliance support and a professional inventory

Registering and holding the deposit and receiving completion monies

Collecting monthly rental payments

Dealing with arrears

Managing the check-out process, including deposit returns

Our Let & Rent Collection service deals with the tenant screening and move-in process, as well as making sure we have all of the supporting documents which meet your legal responsibilities as a landlord, to include regulation and a professional independent inventory which can be used at check-out.

We can upgrade a service at any point, Let & Rent Collection passes the day to day tenant relationship over to you and will save a professional landlord on average *£21 per property per month against a comprehensive fully managed service, a saving if you have lots of time and properties in your portfolio.

*based on average rent of £700

Let & Rent Collection

8% exc VAT (9.6% inc VAT)

Initial visit to your property by an experienced member of our lettings team

Provide an accurate assessment and market appraisal of your property

Provide advice on regulation, compliance and the legal aspects of letting

Collection of rent by standing order with monthly statement of account

Provide impartial advice on presentation, interior and refurbishment

Multi-listing your property with market leading property portals

Accompanied viewings by a member of our lettings team

Award winning telephone answering service 24 hours a day

Negotiation of all terms of the tenancy agreement and related documentation**

Outsource to a comprehensive referencing company to vet applicants

We offer a comprehensive range of household, contents and legal protection insurance*

Drafting of tenancy agreement and relevant documentation using DocuSign, a provider of electronic signature technology

Provide ‘right to rent’ immigration checks on a new tenancy (please refer to T&C”S for full details

Identify quality applicants, to include affordability and suitability checks

Free eviction for non-payment of rent (please refer to T&C’s for full details)

Provide a dedicated account manager and department

Register the deposit as stakeholder and issue Prescribed Information**

Let & Rent Collection 8% exc VAT (9.6% inc VAT)

** subject to separate fee, please refer to our Schedule of Charges

Accidental Landlord

As an accidental landlord we understand that the decision to let your property is as a result of personal circumstance, rather than choice. There are any number of reasons that someone might become an accidental landlord.

Often you may have inherited your property, have had to relocate, or maybe you have separated from a partner. Whatever your circumstances, you have decided your best, or only, option is to let the property rather than sell it or remain in residence.

Rightmove’s consumer rental forecast in 2013 found that 30% of UK landlords are accidental landlords. Naturally, accidental landlords tend to be inexperienced when it comes to letting. So, with that in mind, we have put together our managed service to help you with the following concerns:

We know that as a first time landlord there is a lot to think about, so we believe a comprehensive service is important for you. We all have good intentions at the start, but a lack of experience and knowledge could turn your dreams into a nightmare quickly if the right resources are not to hand. We believe a first time landlord should factor in the cost of a Managed+ Service.

Annual one-to-one meeting with a director of the business, on written request

Financial and legal statement for you and/your accountant if requested

Negotiating an AST agreement onto a statutory periodic agreement

Provide up to 3 special clauses in the tenancy agreement if required

Complimentary service for arrangement of property compliance certificates and reports

Wealth Planner

Named by us, the ‘wealth planner’ is an emerging profile which we are welcoming as more people think about and plan for your retirement and beyond, looking for means to create future wealth and a retirement income.

Recent changes to the pension regulations allow people to release their pension pot and purchase investments which they believe will offer future capital growth and a good yield. The property market is an excellent choice which has a measurable risk and a great reward when done with thought and strategy.

With good life experiences, maybe time on your hands and, in some cases, a disposable income. We believe if we better understand the lifestyle you require we will be able to advise on the right service level. Most are opting for the belt and braces approach as they want to enjoy the financial benefits without the fears of damage and miss management of compliance legislation.

Wealth planners think about:

Dilapidations and tenant damage

Yield

Tax implications

Capital growth and protecting your asset

Securing a quality tenant

Meeting current compliance regulations

Tenants Checks

Authentication check

Unlimited addresses checked – disclosed and undisclosed

Detrimental data check – CCJ’s, Bankruptcies, IVA’s

Tenant risk score – propensity of tenant defaulting on rent payments

Bank sort code validation

Fraud check – any indicators of assumed identity

Affordability check

Tenant monitor – throughout the tenancy

Landlord summary and report

Upgrades

We understand circumstances change, and we always hope they change for the better. As you wait and see how things pan out you might want to test a service and experience the benefits.

We can therefore offer a complimentary trial to upgrade your existing level of service. If you feel the support is offering you too much we are always happy to downgrade and take a step back.

If, however, you feel you want more assistance we will happily upgrade at any time and add the additional support and security you need to fully cater for your individual needs and circumstances.

Charges & Service Levels

Adding To Your Portfolio

Looking to add to your portfolio? We are here to help. We have a dedicated team of property professionals who can source properties, many of which are not yet on the market, negotiate the purchase price and keep you updated with the legals until completion of the purchase.

We can also help manage refurbishment projects, large and small. Our professionally trained team will help keep the costs and time to refurbish the property on budget.

This service costs £900 inc VAT and gives you everything you need, so you can sit back relax and enjoy the peace of mind that you are buying a property in the right area, at the right price and we are progressing your sale so it happens as quickly as possible.

Once the property is ready to let we can then continue the process and manage the tenancy until such time you are ready to buy another property or sell. And yes, you guessed it, we can help there too! We offer a favourable discount on your selling fees as a small thank you for staying with us.

Investor Landlord Club

Exclusive membership to our buy to let investor’s club includes:

Provide advice on all aspects of ‘Buy to Let’

Find a suitable property within the designated location

Provide a complimentary lettings market appraisal

We accompany you to viewings or undertake viewing on your behalf

A buyer’s report showing the performance of the property for the last 5 years

Free gas check and boiler service after exchange of contracts

Dedicated tenancy progressor managing the legal process

Introduction to one of our preferred conveyancers - ‘no sale no fees’

Dedicated property manager to help project manage refurbishment and improvements

Compliance

The recent changes in regulations and legislation could catch out the most diligent of landlords, and as a result could invalidate any statutory notices if the tenancy is not dealt with correctly from the start.

As a result of the Deregulation Act we have reviewed all our current processes and customer interaction. Our review has taken 3 months of hard work, training and implementation so you can rest assured we manage your property in line with these changes. Internally this is known as the Customer Journey and maps out the steps we take to ensure we comply with your responsibilities and regulations.

In August 2015 we appointed a Compliance and Technical Director to deal with these changes and constantly reviews our processes. We have listed a number of the Acts showing the dates of the changes or announcements to help you understand your responsibilities.

Your Legal Responsibilities

‘Right to Rent’ immigration checks for landlords

Changes to section 21 notices

Deregulation Act 2015 - preventing retaliatory evictions

Regulations for the installation of smoke and carbon monoxide alarms for landlords

Changes to Tenancy Deposit Protection and the use of section 21 notices

HMRC consultation reform to ‘wear and tear allowance for landlords

‘How to rent: the checklist for renting in England’ guide

Repairs and maintenance - section 11 landlord and tenant act

Energy performance certificate

Landlord Licensing

Gas safety regulations

The furniture and furnishings regulations

Electrical equipment (safety) regulations

Jan 2016

Sept 2015

Sept 2015

Sept 2015

Aug 2015

Jul 2015

Oct 2015

1985

Oct 2008

Ongoing

1998

1993

1994

For further legal responsibilities, obligations and regulations please contact the branch manager.

Your Property Manager

As your appointed agent we are always happy to help and learn from your experiences. We hope we are able to offer you the right support for your individual circumstances.

If you would like to know more or have a question, our lettings and property management teams contact details are below.